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Corbin, Kentucky Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
153
Sold (12M)
62
Median Price
$35K
Market Condition
Strong Buyer's Market

Corbin, Kentucky Market Meter

Buyer'sSeller's
Strong Buyer's Market

35.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$35K
Avg Price/Acre
$31K
Avg Days on Market
290
Months of Supply
35.3
YoY Price Change
-57.8%
New Listings (3M)
24

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres471427
1-2 acres-41017
2-5 acres--13
5-10 acres-246
10-20 acres--14
20-50 acres--15
50-100 acres----
100+ acres----
TOTAL4133162
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres27 sold / 71 listed
1-2 acres17 sold / 48 listed
2-5 acres3 sold / 12 listed
5-10 acres6 sold / 5 listed
10-20 acres4 sold / 8 listed
20-50 acres5 sold / 6 listed
50-100 acres0 sold / 3 listed

Median Price by Acreage

$0$60K$120K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$4.1M
Last 12 months
Active Listings
153
Current inventory
Avg Days on Market
290
Time to sell
Price Trend (YoY)
-57.8%
Year over year

Corbin, Kentucky Land Market Analysis

How much is land worth in Corbin, Kentucky?

The median price for land in Corbin, Kentucky is currently $31K per acre. For a typical parcel, the median sale price is $35K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $18K while premium lots reached $145K.

Is now a good time to buy land in Corbin, Kentucky?

Corbin, Kentucky is currently a strong buyer's market with 35.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 57.8% year-over-year.

What is the months of supply for land in Corbin, Kentucky?

Corbin, Kentucky currently has 35.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Corbin, Kentucky?

The 3-month absorption rate in Corbin, Kentucky is 2.8%. The 12-month rate is 3.4%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Corbin, Kentucky?

The median land price in Corbin, Kentucky stands at $35K. This translates to roughly $31K per acre for the typical parcel size. The average price is $66K, indicating some higher-priced properties pulling up the average.

What is the average price per acre in Corbin, Kentucky?

Land in Corbin, Kentucky averages $48K per acre. The median price per acre is $31K, which may be more representative of typical transactions. Most parcels sold are around 1.0 acres.

Is now a good time to invest in land in Corbin, Kentucky?

The current absorption rate in Corbin, Kentucky is 2.8% (3-month basis), indicating slow demand. With depreciating values (-57.8% YoY), buyers may find value opportunities. The top-performing broker in this market is CENTURY 21 Advantage Realty.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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